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Anthropic's Leaked IPO Filing Reveals $42 Billion in Losses — and Warnings That Its AI Could Pose 'Existential' Risks

A confidential draft prospectus seen by Reuters reveals Anthropic's 2025 revenue soared 1,088% to $4.59 billion — while losses hit $42 billion and the company warned its own AI could pose “existential” risks. The potential $2 trillion IPO would be the biggest ever.